Answer:
Option B, lower interest rates and increase the equilibrium GDP.
Explanation:
Option B is correct because the increase in the money supply will reduce the interest rate and increase the real GDP or output on the country because the rise in the money supply will results in more money in the hand of people. Therefore, more investment and production will be done in the economy. Thus, a rise in the production of output in the economy will result in the rise of GDP
"Literacy is prerequisite of development. Justify this statement with examples.
Answer:
The classification of the subject in question is mentioned throughout the paragraph below.
Explanation:
Literacy seems to be a developmental requirement since knowledge and learning require the ability or skills to read and understand. Each body produces to speak and understand skills. Upcoming generation, as well as young ones, is incredibly knowledgeable, individuals who could get strong knowledge only need a graduate assistantship.
On December 1, 20X1, Tigg Mortgage Co. gave Pod Corp. a $200,000, 12% loan. Pod received proceeds of $194,000 after the deduction of a $6,000 nonrefundable loan origination fee. Principal and interest are due in 60 monthly installments of $4,450, beginning January 1, 20X2. The repayments yield an effective interest rate of 12% at a present value of $200,000 and 13.4% at a present value of $194,000. What amount of accrued interest receivable should Tigg include in its December 31, 20X1, balance sheet
Answer:
$2,000
Explanation:
Accrued interests = loan principal x interest rate x time = $200,000 x 12% x 1/12 (1 month) = $2,000
The adjusting journal entry to record accrued interests should be:
December 31, 20x1, accrued interest receivable
Dr Interest receivable 2,000
Cr Interest revenue 2,000
Interest receivable is an asset account with a normal debit balance.
Answer:
$2,000
Explanation:
Present value of loan = $200,000
Interest rate = 12%
Therefore, the accrued interest receivable can be calculated using the simple interest formula :
Where the present value of the loan is the principal amount,
Accrued interest = principal * rate * time
Since the period is between December 1st to 31 st December = 1 month = (1/12) years
Accrued interest = $200,000 * (1/12) * 12%
Accrued interest = $200,000 * 0.083333 * 0.12
Accrued interest = $2000
On January 1, Garcia Supply leased a truck for a three-year period, at which time possession of the truck will revert back to the lessor. Annual lease payments are $12,000 due on December 31 of each year, calculated by the lessor using a 4% discount rate. Negotiations led to Garcia guaranteeing a $31,600 residual value at the end of the lease term. Garcia estimates that the residual value after four years will be $30,200.
What is the amount to be added to the right-of-use asset and lease liability under the residual value guarantee?
Answer:
The lease liaiblity will include additional 45,134.39 dollars for the residual value guarantee
Explanation:
We need to add to the present value of the lease payment, the present value of the guaranteed residual value as this is part of the lease liaiblity as well.
Maturity 60,400.00
time 5.00
rate of 0.06
PV 45,134.39
The gain or loss based on the residual value will be considered at the end of the useful life of the truck. The expected fair value at the end of the lease has no relevance
Swifty Corporation purchased a machine for $66000 on July 1, 2020. The company intends to depreciate it over 8 years using the double-declining balance method. Salvage value is $5100. Depreciation for 2020 to the closest dollar is
Answer:
Depreciation expense= $7,612.5
Explanation:
Giving the following information:
Purchase price= $66,000
Salvage value= $5,100
Useful life= 8 years
First, we need to determine the depreciation expense for the whole year. We will use the following formula:
Annual depreciation= 2*[(book value)/estimated life (years)]
Annual depreciation= 2*[(66,000 - 5,100) / 8]
Annual depreciation= $15,225
For 2020:
Depreciation expense= (15,225/12)*6= $7,612.5
You receive a technical support call from a department manager. She reports that the laser printer in her department prints only blank pages. A telephone interview reveals that the paper is not jamming in the printer and that the problem began occurring after the toner cartridge was replaced. What is the most likely cause of the problem
Answer:
Option B, the sealing tape was not removed from the toner cartridge, is the right answer.
Explanation:
Option B, is the correct answer because in the given case the problem of blank paper arises only after installing the toner cartridge. However, there may other reasons that cause the same problem as defective laser or corona wire. But, in the given case, there is some relation between the effect and the installation of the toner cartridge. Therefore, not removing the tape form toner before its installation is the correct answer.
______is a corporate-level strategy that emphasizes re-investing a company's profits in strengthening its competitive position in its current industry. A. Concentration on a single industry.B. Forward vertical integration.C. Diversification.D. Backward vertical integration.E. International expansion.
Answer:
A. Concentration on a single industry
Explanation:
The concentration strategy refers to the strategy in which the company wants to compete successfully handling a single industry. The company focused on a single product or the single market in this type of strategy
Here in the given situation, the reinvesting a company profits to strengthen the competitive position in the current industry represents the concentration on a single industry
Hence, the correct option is A.
At his current level of output, a monopolist has an MR of $10, an MC of $6, and an economic profit of zero. If the market demand curve is downward sloping and his marginal cost curve upward sloping, the monopolist:_______
Answer:
The monopolist is in the long run.
Explanation:
The monopolist is in the long run because, in the long run, a monopolist earns or gets zero economic profit. In the short run, it earns supernormal profit that attracts the new firms into the market and this entry continues until the economic profit becomes zero and in the long run, its price is equal to the average total cost. Moreover, the average total cost curve becomes tangent to the demand curve in the long run.
A landlord rented an apartment to a person with a wheelchair. The landlord allowed the tenant to install bath rails and replace the bathroom sink vanity with a pedestal sink with lever faucet handles; however, the landlord required the tenant to sign a restoration agreement that the accommodations would be restored to their former condition at the end of the lease. In addition, the landlord required the tenant to pay sufficient funds (over a period of time) into an escrow account to cover the bathroom restoration. Has the landlord violated the Fair Housing Act
Answer: No, the landlord can require a restoration agreement and the escrow account
Explanation:
The options to the question are:
A. No, the landlord can require a restoration agreement and the escrow account
B. Yes, the landlord cannot require the escrow account
C. Yes, the landlord cannot require restoration of the modifications
D. No, the landlord does not have to allow the tenant to make any of these modifications
The Fair Housing Act is a law that was put in place in order to curtail the discrimination towards home seekers and tenants by landlords. According to the act, every American should have a fair and equal opportunity regarding the place to reside without discrimination of any sort.
Based on the scenario that have been provided in the question, the landlord can require a restoration agreement and the escrow account.
A U.S. technology company has decided to move some of its manufacturing processes to facilities in Japan, utilizing the nation's expertise in technological manufacturing. Doing so gives the company the ability to price its products at a lower price point locally than its other "Made in America" competitors. By performing this value creation activity in an optimal location, the company has realized:
Answer:
a. realized location economies.
Explanation:
The realized location economics refers to the economics in which the companies go throughout the globe to determine and operate that comes under an efficient goods setting. The production of the goods comes under the efficient goods setting creates an added advantage in the production cost also it gains the competitive advantage
Therefore according to the given situation, the company has location economies realized
The buyer of a futures contract is said to have a __________ position, and the seller of a futures contract is said to have a __________ position in futures. Group of answer choices margined; long short; long short; short long; short long; long
Answer: long; short
Explanation:
The buyer of a futures contract is said to have a long position, and the seller of a futures contract is said to have a short position in futures.
The buyer of a futures contract is said to have a long position as the individual wants to buy the commodity at its delivery date while the seller will deliver when it matures.
Sarah owns Fine Cuts hair salon. Hairdressers each rent a chair in the salon where they can style customers' hair, and Sarah provides receptionist services, maintains the space, and sells some hair care products at the front of the salon. The hairdressers must pay 35 percent of their profits to Sarah in return for the chair space and earn a commission for each hair product that they sell. Is Sarah s
Complete question :
Sarah owns Fine Cuts hair salon. Hairdressers each rent a chair in the salon where they can style customers' hair, and Sarah provides receptionist services, maintains the space, and sells some hair care products at the front of the salon. The hairdressers must pay 35 percent of their profits to Sarah in return for the chair space and earn a commission for each hair product that they sell. Is Sarah selling the hairdressers a security in Fine Cuts?
Answer: No, the hairdressers are not expecting to earn money predominately from Sarah's efforts
Explanation: Based on the description above, Sarah maintains full ownership of the salon and she's not selling any stock or security of Fine Cuts. Because security involves a financial instruments such as stocks or bonds which are sold to investors in other to acquire capital needed to operate a business. Here, Sarah makes her profit directly off the work done by the hairdressers and the items sold to customers by offering them working space and she's in turn paid a certain percentage of their earning.
Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 7.3 percent paid annually.If the yield to maturity is 8.6 percent, what is the current price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Current price �
Answer:
892.69
Explanation:
Given the following :
Par value of bond (FV) = 1000
Period (n) = 15 years
Coupon rate (r) = 7.3% annually
Yield to maturity (r) = 8.6% = 0.086
The coupon price = 7.3% of par value
Coupon price (C) = 0.073 * 1000 = 73
Current price of bond can be computed using the relation:
= C * [1 - 1 / (1 + r)^n] / r + (FV / (1 + r)^n)
73 * [1 - 1/(1+0.086)^15]/0.086 + 1000/(1 + 0.086)^15
73*(1 - 1/3.44704)/0.086 + (1000/(1.086)^15)
= 73*8.2546131 + 290.10326
= 602.5867563 + 290.10326
= 892.69
A store that advertises a buy-one-get-one-free sale is
Answer:
sales promotions
Explanation:
Sales promotions are the steps taken to increase the purchase of the products by adding an incentive to the customers. Buy-one-get-one-free is one of the sales promotions. Here two products are sold in the cost of one. The customer is provided with the benefit of getting two products by giving the amount of one. It is the promotions in which quantity plays a crucial role.
Answer:
sales-oriented
Explanation:
I just got it right.
To stay in "fashion" many people buy a new car even though their old car is still in excellent-to-good condition. Similarly, people tend to buy new clothes before they wear out the clothes they already have. Such actions speak to
Answer:
NO
Explanation:
The market inverse demand curve is P = 90 – Q, where Q is the total market output consisting of Firm 1's output, q1, and Firm 2's output, q2. Both firms have a constant marginal cost of $10. If Firm 1 selects its output level first, how much output does each firm produce?
Answer:
Firm 1 produces 40 and Firm 2 produce 20
Explanation:
Given that:
The market inverse demand curve is P = 90 – Q
Total TC = 10q + 10
and θ = q₁ + q₂
Both firms have a constant marginal cost
Then :
TC₁ = 10q₁ + 10
TC₂ = 10q₂ + 10
If Firm 1 selects its output level first, then it acts as a leader and firm 2 acts as a follower.
So, let have :
Ф₂ = pq₂ - TC₂
Ф₂ = (90 - θ)q₂ - 10q₂ - 10
Ф₂ = 90q₂ - (q₁ + q₂)q₂ - 10q₂ - 10
Ф₂ = 80q₂ - q₁q₂ - q₂² - 10
[tex]\dfrac{d \phi_2}{dq_2} = 80 - q_1 - 2q_2[/tex]
80 - q₁ - 2q₂ = 0
80 - q₁ = 2q₂
2q₂= 80 - q₁
[tex]q_2 = \dfrac{80 - q_1}{2}[/tex]
[tex]q_2 = 40 - \dfrac{ q_1}{2}[/tex]
Ф₁ = pq₁- TC₁
Ф₁ = ( 90 - θ )q₁ - 10q₁ - 10
Ф₁ = 90q₁ - (q₁ + q₂)q₁ - 10q₁ - 10
Ф₁ = 80q₁ - q₁² - q₁q₂ - 10
Replace the value of q₂ in the above equation ,
[tex]\phi _1 = 80q_1 - q_1^2 - q_1 (40 - \dfrac{q_1}{2}) - 10[/tex]
[tex]\phi _1 = 80q_1 - q_1^2 - 40q_1 - \dfrac{q_1^2}{2} - 10[/tex]
[tex]\phi _1 = 40q_1 - \dfrac{q_1^2}{2} - 10[/tex]
[tex]\dfrac{ d \phi_1}{ d q_1} = 40 - \dfrac{2q}{2} - 0[/tex]
[tex]\dfrac{ d \phi_1}{ d q_1} = 40 - q_1[/tex]
40 - q₁= 0
q₁ = 40
Recall that
[tex]q_2 = 40 - \dfrac{ q_1}{2}[/tex]
[tex]q_2 = 40 - \dfrac{ 40}{2}[/tex]
[tex]q_2 = \dfrac{ 80-40}{2}[/tex]
[tex]q_2 = \dfrac{ 40}{2}[/tex]
q₂ = 20
Firm 1 produces 40 and Firm 2 produce 20
Fresh Harvest Company, which is based on Georgia, packages and sells vegetables. Hayden, who is a resident of Indiana, buys a Fresh Harvest product, eats it, and suffers severe food poisoning. Hayden wants to file a suit against Fresh Harvest. The diversity of citizenship between these parties means that Group of answer choices
Answer:
Federal and state courts have concurrent jurisdiction.
Explanation:
The concurrent jurisdiction arises when there are more than one court that contain a distinct system but has similar jurisdiction for the same case. Now if concurrent jurisdiction arise between the federal and state courts so the rule would be seen as superior because of clause of supremacy.
Hence, the correct option is b.
John and Jane are a married couple. John is a medical doctor, while Jane is a business executive. They maintain their finances separately - John has his options account at BD "A." while Jane has her options account at BD "B." John and Jane were talking over dinner about the latest news coming from XYZZ Corp. and they decide that the stock will likely move up rapidly. The next day, John places an order with his broker to buy 140,000 XYZZ calls and Jane calls her broker and places an order to buy 160,000 XYZZ calls. The position limit for XYZZ is 250,000 contracts on each side of the market. Which statement is TRUE
Answer:
The remaining part of the question is:
Which Statement is True:
A. This is not a violation of position limits because the positions were taken in accounts at different broker-dealers
B. This is not a violation of position limits because each individual acted independently when placing his or her order
C. This is not a violation of position limits because of the marriage exemption from position limit violations
D. This is a violation of position limits
Correct Answer:
D. This is a violation of position limits
Explanation:
Since Jane and John are couple, it would be treated as a single entity despite the fact that, they operate different account in different banks. The position limit for XYZZ is 250,000 contracts whether as an individual or as a couple placed independently or jointly.
Causal research describes the marketing phenomena under study. B. Causal research is informal and unstructured. C. Causal research isolates the relationship between an independent variable and a dependent variable. D. Causal research answers the questions of who, what, when, where and how. E. Causal research is the seventh step in the marketing research process.
Answer:
Option B (Causal research is informal and unstructured) is the correct choice.
Explanation:
As when the process has gained, causal research has been undertaken to diagnose the source surrounding a person's action. It wants to find this same relationship among variables as to conjecture. It attempts to evaluate whether the explanatory variables shift throughout the exponential function, with variants.It could also be used in such a corporate setting to measure the impact that a transition to some of its present activities would have to aid in the corporate planning phase for its potential production rates.Some other three choices have no relation to the given incident. Such that the stated option is B.
Linda’s Autoplex performs oil changes on automobiles, light trucks, and sport utility vehicles. She is a profit- maximizing business owner whose firm operates in a competitive market. The marginal cost of an oil change is $10. The marginal productivity of the last worker that Linda hired was 1.5 oil changes per hour. What is the maximum hourly wage that Linda was willing to pay the last worker hired?
Answer:
$15 per hour
Explanation:
In order for a profit maximizing firm to operate in a competitive market, the marginal revenue product (MRP) must be equal to the marginal cost (MC).
MRP = 1.5 oil changes per hour x $10 per oil change = $15
since MRP = MC, then Linda should pay her worker a maximum of $15 per hour
According to an old myth, Native Americans sold the island of Manhattan about 400 years ago for $24. If they had invested this amount at an interest rate of 7 percent per year, how much, approximately, would they have today
Answer:
FV= $13,605,744,645,293.70
Explanation:
Giving the following information:
Initial investment= $24
Number of years= 400
Interest rate= 7 percent compounded annually
To calculate the value of the investment today, we need to use the following formula:
FV= PV*(1+i)^n
FV= 24*(1.07^400)
FV= $13,605,744,645,293.70
Answer:
They would have approximately $14 000 000 000 000.
Explanation:
From the compound interest formula,
Amount = P[tex](1 + \frac{r}{n}) ^{t}[/tex]
Given that: P = $24, R = 7%, t = 400 years,
Amount = 24[tex](1 + \frac{7}{100}) ^{400}[/tex]
= 24[tex](\frac{107}{100}) ^{400}[/tex]
= 1.360574465 × [tex]10^{13}[/tex]
The amount they would have is approximately $1.4 × [tex]10^{13}[/tex]
Which choice below shows all accounts that appear on the balance sheet? Multiple Choice Owner's Capital, Prepaid Insurance, Unearned Revenue, and Accumulated Depreciation Owner's Withdrawals, Service Revenue, Supplies, and Unearned Revenue Cost of Goods Sold, Land, Accounts Payable, and Sales Discounts
Answer:
The answer is:
. Owner's Capital
2. Prepaid Insurance
3. Unearned Revenue
4. Accumulated Depreciation
5. Land
6. Accounts Payable
Explanation:
Balance sheet also known financial position of a business contains asset, liability and equity.
The following accounts(from the question) will be found in the balance sheet.
1. Owner's Capital( Found under Equity)
2. Prepaid Insurance( under asset)
3. Unearned Revenue(under liability)
4. Accumulated Depreciation(under asset)
5. Land(under asset)
6. Accounts Payable(under liability)
The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as what:____________.
Answer:
income-generating assets under the current account of the balance of payment.
Explanation:
In international trade to balance of payments between countries looks at inflow and outflow of funds as a result of trade.
When there is balance of trade deficit the country imports from others. When there is balance of payment surplus the country exports to others.
The fund movement is recorded in various accounts. These are current account, capital account, and financial account.
The current account is used to record funds recieved from goods, services, income, and current transfers.
The receipt of dividends and interest from abroad as a result of ownership of foreign assets by a country's residents is recorded as
income-generating assets under the current account of the balance of payment.
A company has revenues of $1,250,000 with a net profit margin of 10%. If the depreciation for the year is $75,000, short-term investments decreased by $15,000, accounts receivable increased by $10,000, inventory decreased by $5,000 and accounts payable decreased by $6,000, what is the net cash provided by operations.
Answer:
$204,000
Explanation:
The computation of net cash provided by operations is shown below
Cash flow from operating activities
Net profit ($1,250,000 × 10%) $125,000
Add: depreciation expense $75,000
Add: Decrease in short term investment $15,000
Less: Increase in account receivable -$10,000
Add: Decrease in inventory $5,000
Less: Decrease in account payable -$6,000
Net Cash provided by operations $204,000
The minus sign depicts the cash outflow and the positive sign depict the cash inflow
The senior management of BonusOne Bank formulates a new set of strategic plans for the next financial year and conveys it to the middle management. The middle management, in turn, conveys the same to their respective subordinates. In the context of communication channels, the given scenario illustrates _____.
Complete Question:
The senior management of BonusOne Bank formulates a new set of strategic plans for the next financial year and conveys it to the middle management. The middle management, in turn, conveys the same to their respective subordinates. In the context of communication channels, the given scenario illustrates?
Group of answer choices
A) downward communication
B) upward communication
C) horizontal communication
D) informal communication
Answer:
A) downward communication.
Explanation:
In this scenario, the senior management of BonusOne Bank formulates a new set of strategic plans for the next financial year and conveys it to the middle management. The middle management, in turn, conveys the same to their respective subordinates. In the context of communication channels, the given scenario illustrates a downward communication.
A downward communication can be defined as the formal flow of information and messages within an organizational hierarchy; which is mainly from a higher level (senior management) of an organization to a lower level (middle management) and lastly, to the least (subordinates).
When downward communication are effectively and properly used in an organization, it helps them to achieve their aims, goals and objectives successfully.
Option A requires eight years of higher education and $80,000, while option B
requires four years of higher education and $45,000. Option B requires
time and
money
Answer:
A less,less
Explanation:
because option A requires 8 year of higher education and $80,000. but option B only requires four years of higher education and $40,000
Option A requires eight years of higher education and $80,000, while option B requires four years of higher education and $45,000. Option B requires less time and less money because option A requires 8 years of higher education and $80,000 but option B only requires four years of higher education and $40,000. Thus, option 'A' is the correct option.
What do cost and time effective mean?Business managers must deal with two fundamental issues: time and expenses. These two topics have a lot in common. For instance, you can incur a fee and an increase in costs if you miss a deadline. Similarly to this, if money is tight you could feel pressured to finish a project sooner in order to cut down on labour costs. Thus, managing time and expenditures concurrently provide several advantages for your company.
When practising time and cost management, it is frequently impossible to complete all of the original recommendations. You eventually learn to set priorities and choose which initiatives are worthy of your time, money, and attention. You must discover strategies to improve your efficiency if you want to accomplish more with the money and time you have available.
Learn more about cost and time effectiveness, here:
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A perfectly competitive small organic farm that produces 1,000 cauliflower heads in the short run has an ATC = $6 and AFC = $2. The market price is $3 per head and is equal to MC. In order to maximize profits (or minimize losses), this farm should:
Answer:
the firm should shut down, at least temporarily until the marginal revenue increases or definitely if the marginal revenue doesn't increase
Explanation:
if average total costs = $6 and average fixed costs = $2, then average variable costs = $6 - $2 = $4
since the average variable costs are higher than marginal revenue: $4 > $3, then the company is losing money (-$1) every time it sells its products.
imothy, a laboratory manager at a multinational photography company, manages a team of seven designers. All of them report to him, and he has the power to command them and assign duties to them. In this scenario, Timothy most likely has_____.
Answer:
line authority
Explanation:
Line authority can be defined authority or power given to an individual in a supervisory role to manage and mandate his subordinates to help an organization fulfil its objectives.
From the above definition, it is seen that Timothy has a group of 7 persons under him which means he is in a supervisory role or position within the company. As the supervisor, Timothy assigns duties to the members of the group after which he reports to a higher authority.
Cheers.
To market Suave shampoo, Unilever used PRIZM to identify neighborhoods with high concentrations of young working women. These women responded best to advertisements conveying the message that Suave is inexpensive, yet will make their hair "look like they spend a fortune on it." What segmentation tool did Unilever use in this example
Answer: Geodemography
Explanation:
Geodemography is used in market and it occurs when the marketplace of the consumers are divided into segments
thar will be reachable and locatable to the consumers who live around that particular neighborhood.
Based on the analysis explained in the question above, this is the segmentation tool that was utilized by Unilever.
All the following statements concerning requirements to reinstate a lapsed life insurance policy are correct EXCEPT: Group of answer choices The lapse must have resulted from other than the surrender of the policy for its cash value. There is no time limit on when the policy may be reinstated. Evidence of insurability is required. All overdue premiums must be paid along with interest from the premium due dates.
Answer:
Correct Answer:
b. There is no time limit on when the policy may be reinstated.
Explanation:
In life insurance, which is an insurance against event in the life of the individual in question, it is expected that, the person will be paying his premium fee regularly.
In a situation, there was a lapses, in-order to reinstate the life insurance policy, it must be reinstated within 1 year in-order to be valid.
The following information is available for Armstrong Company: Net income $450 Increase in plant and equip. $170 Depreciation expense 80 Payment of dividends 10 Decrease in accts. receiv. 20 Increase in long-term debt 100 Increase in inventories 15 Decrease in accounts payable 30 What is cash flow from operating activities for Armstrong Company?
Answer:
$505
Explanation:
Armstrong Company
Cash flow from operating activities
Adjustments to reconcile net income to operating cash flow.
Net income
$450
Less : Increase in plant and equipment
($170)
Add : Depreciation expenses
$80
Add : Payment of dividends
$10
Add : Decrease in accounts receivable
$20
Add : Increase in long term debt
$100
Less : Increase in Inventories
($15)
Add : Decrease in Account payable $30
Net Cash flow from operating activities
$505
